Current Accounts
The bank offers current accounts tailored to meet the needs of both individuals and businesses, with easy money management and secure, seamless daily transactions. Enjoy a full suite of banking services, checkbooks, and 24/7 access to your account through a wide range of digital channels. Choose the current account that suits your needs and enjoy an exceptional banking experience.
Whether you're running a business or need an account for personal use, our solutions are designed to meet all your expectations.
We provide the highest levels of security and protection while you carry out your banking transactions.
Take advantage of continuous support and a dedicated customer service team available around the clock.
With a current account, you can easily transfer funds, pay bills, and receive salaries with maximum flexibility and ease.
Join us today and start a modern banking journey that keeps pace with your financial aspirations.
"Hasala” Daily Current Account
Make Every Day Count
Earn Daily Returns with No Tiers for Individuals in Egyptian Pounds
- A current account with a daily interest in Egyptian Pounds.
- Annual interest rate: 19.5%, calculated from a minimum balance of EGP 5,000, with no tier-based rates.
Key Features:
- Interest is calculated and credited daily based upon the actual closing account balance.
- Free Meeza debit card for the first year for financial inclusion customers.
- Financial inclusion customers are exempted from account opening fees and minimum balance charges.
Eligibility:
The “Hasala” account targets all segments of society, especially small savers and financial inclusion customers (in accordance with the regulations governing this regard).
Minimum Balance:
EGP 5,000
Star Current Account
With Competitive Tiered Interest for Individuals in Egyptian Pounds
The Industrial Development Bank (IDB) Star Current Account offers exceptional tiered interest rates... calculated daily and paid monthly (according to the interest rate table below). The Rate on Return (RoR) is tiered based upon the actual end-of-day balance in the client's account, starting from the very first pound.
| Annual Return Rate | Total Account Balance According to the Minimum for the Month | Payout Frequency |
|---|---|---|
| 5.5% | أless than EGP 500,000 | Calculated daily and disbursed monthly |
| 8.25% | From EGP 500,000 up to less than EGP 1,000,000 | Calculated daily and disbursed monthly |
| 9.25% | أFrom EGP 1,000,000 up to less than EGP 3,000,000 | Calculated daily and disbursed monthly |
| 11% | From EGP 3,000,000 up to less than EGP 5,000,000 | Calculated daily and disbursed monthly |
| 12% | From EGP 5,000,000 up to less than EGP 10,000,000 | Calculated daily and disbursed monthly |
| 12.75% | From EGP 10,000,000 up to less than EGP 30,000,000 | Calculated daily and disbursed monthly |
| 13.75% | From EGP 30,000,000 up to less than EGP 40,000,000 | Calculated daily and disbursed monthly |
| 14.75% | From EGP 40,000,000 and more | Calculated daily and disbursed monthly |
Key Features:
- Issuing debit card (cost according to the announced tariff).
- Withdrawals are available 24/7 using debit card through ATMs covering most parts of the country.
- Withdrawals are available 24/7 via the InstaPay App or at any of our bank branches during official working hours.
Minimum Opening Balance:
EGP 10,000 for an account in local currency
Eligibility:
Individual clients
“Star Plus” Current Account for Corporates
Current account with a tiered interest rate calculated daily and paid monthly
The account is a current account with tiered interest tailored for corporates and legal entities. Interest rate is tiered and calculated based upon the customer’s actual end-of-day account closing balance. The accrued interest is paid monthly, according to interest rate table below:
| Annual Return Rate | Total Account Balance According to the Minimum for the Month | Payout Frequency |
|---|---|---|
| 7.25% | أless than EGP 500,000 | Monthly |
| 9.25% | From EGP 500,000 up to less than EGP 1,000,000 | Monthly |
| 11% | أFrom EGP 1,000,000 up to less than EGP 5,000,000 | Monthly |
| 13.75% | From EGP 5,000,000 up to less than EGP 10,000,000 | Monthly |
| 14.25% | From EGP 10,000,000 up to less than EGP 20,000,000 | Monthly |
| 14.75% | From EGP 20,000,000 up to less than EGP 50,000,000 | Monthly |
| 15% | From EGP 50,000,000 up to less than EGP 100,000,000 | Monthly |
| 15.5% | From EGP 100,000,000 and more | Monthly |
Key Features:
Return is calculated according to actual end-of-day account closing balance and shall be added to the client’s account on a monthly basis.
Minimum Opening Balance:
According to the banking tariff
Eligibility:
Companies and legal entities
In general, the account is considered dormant if none of the following transactions have been performed: withdrawal, deposit, transfer, electronic inquiry, or verified balance, for one year for current and mobile accounts, and two years for savings accounts.
If the client has other active accounts with the bank, the client is permitted to activate his/her dormant accounts using any of the bank's means of communication, whether through branches or call centers.
The bank has the right to close a dormant account if the balance drops to zero for one year and the client fails to reactivate the account after been notified in any way the bank deems appropriate.
Any drawn checks and standing instructions on dormant accounts will be processed without activating the account.
Terms and conditions shall apply.
